Downtrend

The price of Chainlink (LINK) is in a downtrend, but has resumed its sideways movement above $13 support.

Uniswap (UNI) price is in a downtrend as it has fallen below the moving averages. The altcoin fell to a low of $8.89 on April 11. Buyers could not sustain the bullish momentum above the moving averages, hence the downtrend.

The Binance Coin (BNB) price is in a downtrend, but selling pressure has eased as the cryptocurrency makes an upward move.

Bitcoin and the worst performing altcoins are trading in the bearish trend zone. This means that cryptocurrencies are capable of further downside moves.

Bitcoin (BTC) price is in a downward correction as the bears try to break the support at $39,200.

Waves and the other altcoins have continued to fall as cryptocurrencies lose their current support levels.

The price of Ethereum (ETH) has fallen and dropped below the 21-day moving average. Now, ETH price reached the low of $3,170.

After strong resistance at the high of $23, the price of Polkadot (DOT) has fallen into the bearish trend zone. Over the last four days, buyers have been trying hard to break the recent high, but have been rejected.

Many altcoins are being rejected from recent highs. Demand is drying up at higher price levels. Bulls are not buying the dips either.